jmalone1224

$ZNGA taking the Bull by the horns

BATS:ZNGA   ZYNGA INC
556 1 0
A lot going on, but it's not that bad:
Showing 2 channels, with 3 cloned, dotted lines: Resistance & 2 Supports.
Long-dotted line is additional support line.
Within the lines is the triangle break $ZNGA took, then reversed the triangle.
Arrow showing new target for $ZNGA to fill the big gap from the nose-dive it took at the end of 2Q '12.
It's on the way there, with good momentum since this uptrend started in Oct             . 2012. @ 3.48 P/S it's not bad to pump it and dump it with a short, closing @ 3.17-3.20 just in case.
jmalone1224
3 years ago
5/30: Currently @ 3.43. ZNGA should soon surge upward through near term resistance to second resistance level @ ~4.00
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